Corrado Advisors LLC lifted its stake in shares of Schwab U.S. TIPS ETF (NYSEARCA:SCHP – Free Report) by 84.3% during the fourth quarter, Holdings Channel.com reports. The firm owned 65,211 shares of the company’s stock after acquiring an additional 29,826 shares during the period. Corrado Advisors LLC’s holdings in Schwab U.S. TIPS ETF were worth $1,684,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Salem Investment Counselors Inc. raised its holdings in shares of Schwab U.S. TIPS ETF by 91.8% in the 4th quarter. Salem Investment Counselors Inc. now owns 1,057 shares of the company’s stock worth $27,000 after acquiring an additional 506 shares during the last quarter. Transcendent Capital Group LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 112.1% in the 4th quarter. Transcendent Capital Group LLC now owns 1,048 shares of the company’s stock worth $27,000 after acquiring an additional 554 shares during the last quarter. Independence Bank of Kentucky raised its holdings in shares of Schwab U.S. TIPS ETF by 107.0% in the 4th quarter. Independence Bank of Kentucky now owns 1,242 shares of the company’s stock worth $32,000 after acquiring an additional 642 shares during the last quarter. Pathway Financial Advisers LLC raised its holdings in shares of Schwab U.S. TIPS ETF by 101.9% in the 4th quarter. Pathway Financial Advisers LLC now owns 1,298 shares of the company’s stock worth $34,000 after acquiring an additional 655 shares during the last quarter. Finally, First Community Trust NA raised its holdings in shares of Schwab U.S. TIPS ETF by 100.0% in the 4th quarter. First Community Trust NA now owns 1,400 shares of the company’s stock worth $36,000 after acquiring an additional 700 shares during the last quarter.
Schwab U.S. TIPS ETF Stock Performance
SCHP opened at $26.56 on Thursday. Schwab U.S. TIPS ETF has a fifty-two week low of $25.46 and a fifty-two week high of $26.96. The company’s 50-day moving average is $26.03 and its 200 day moving average is $26.31.
Schwab U.S. TIPS ETF Company Profile
The Schwab U.S. TIPS ETF (SCHP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-value weighted index of US Treasury inflation-protected securities with at least one year remaining in maturity. SCHP was launched on Aug 5, 2010 and is managed by Charles Schwab.
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